PRINC shares are trading more than 200 million shares with a trading value of more than 1.6 billion baht. Brokers expect big lots trading. increase liquidity
Trading in shares of Principal Capital (PRINC) in the morning of August 24, opening the market with a dense trading list, only the first 10 minutes, with a total of 202.56 million shares, trading value 1,603.52 million baht, opening price at 9.65 baht
A large number of shares sold As a result, the share price continued to decline, down to the lowest 7.35 baht before bouncing up to move at 7.45 baht, a decrease of 2.05 baht, or a decrease of 21.58%, a trading value of 330.67 million baht, the number of shares traded at 330.67 million shares at 10.25 a.m.
marketing officer (Marketing) said that the trading volume of PRINC shares this morning is dense. It is expected that there will be trading transactions of major investors (big lots) because such stocks There is not much liquidity. Therefore, it is expected that liquidity will be increased from the major shareholders who are Mr. Satit Viddayakorn’s group, distributed to institutions-funds and investors.
In this regard, PRINC intends to amend and improve the distribution of shares of minority shareholders (free float) to meet the stock market criteria. by trying to reduce the shareholding of the company’s major shareholders Mr. Satit Viddayakorn Long Group, which in 2022 held approximately 70% of the shares.
An investor source said that the big lot. should be Mr. Satit which slashed to sell to foreign funds and high-network investors 200 million shares, or about 5%, average price 6.98 baht, a little big lot. therefore does not affect the management structure